Answer:
C. Nothing
Explanation:
In auto-insurance, a deductible is the amount of money you pay from the packet to cover part of the damages arising from an accident. A deductible is a way of sharing risk between the insured and the insurance company. A $1000 deductible implies that the insured will pay $1000 from their pocket when they make a claim.
When the claim amount is less than the deductible, the insurance will not pay anything. In this case, the claim is $500, and the deductible is $1000. The insurance company will pay a zero amount.
